Legal & General Group Plc Has $198.32 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Legal & General Group Plc lessened its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,014,922 shares of the company’s stock after selling 77,725 shares during the quarter. Legal & General Group Plc owned 0.97% of Cboe Global Markets worth $198,315,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can increased its holdings in Cboe Global Markets by 1.3% during the 4th quarter. Bank of Montreal Can now owns 212,443 shares of the company’s stock worth $41,511,000 after purchasing an additional 2,640 shares in the last quarter. FMR LLC increased its holdings in Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company’s stock worth $307,165,000 after purchasing an additional 38,587 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Cboe Global Markets during the 4th quarter worth about $110,000. Envestnet Asset Management Inc. increased its holdings in Cboe Global Markets by 11.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 203,703 shares of the company’s stock worth $39,804,000 after purchasing an additional 21,161 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. bought a new position in Cboe Global Markets during the 4th quarter worth about $10,048,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $205.81 on Thursday. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $234.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market capitalization of $21.55 billion, a PE ratio of 28.51, a P/E/G ratio of 1.75 and a beta of 0.47. The stock’s 50-day simple moving average is $212.54.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter last year, the company earned $2.06 EPS. Research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.22%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 over the last three months. Insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

CBOE has been the subject of a number of research reports. Loop Capital set a $260.00 target price on Cboe Global Markets in a report on Wednesday, April 2nd. Barclays raised their price objective on Cboe Global Markets from $216.00 to $232.00 and gave the company an “equal weight” rating in a report on Monday. Oppenheimer decreased their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. Finally, Jefferies Financial Group decreased their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $219.30.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.